High Bay Industrial Building & Storage Facility

Industrial for Sale
Catylist Listing ID: 30870166
Property Subtypes: Cold Storage, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Truck Terminal
Building Size (RSF): 24,280 SF
Gross Building Area: See Agent
Sale Price: $1,975,000
Unit Price: $81.34 PSF
Ceiling: 23 ft. Clear
Drive In Bays: 18 Bays
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2024

Overview / Comments

2 industrial buildings totaling 24,280+/- SF on 8.43+/- acres with 474'+/- of frontage on Route 4/Portland Street available for sale.

Building 1 is a 17,280+/- SF high bay, clear span, industrial building and features 23' clear height, radiant floor heat, air conditioned offices, and 11 drive-in doors.

Building 2 is 7,000+/- SF of storage featuring 7 drive-in doors; currently consists of 3 units but could be further demised to 5 units.

Buildings are 76% leased to 4 tenants.

Located off Route 4 and just 4.0+/- miles from the NH border.

Financials are available upon signing of the NDA attached to flyer.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $16,935 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: R072/12/1
Zoning: RURAL COMMERCIAL/INDUSTRIAL
Site Description: Flat, level, cleared, dry.
Area Description: Rural
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1998
Year Renovated: 2001
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Column Spacing: Clear span
Sprinklers: None
Amps: 400
X-Phase: 3
Heat Type: Propane
Heat Source: Radiant
Air Conditioning: Other
Lighting: LED
Internet Access: Cable
Interior Description: High bay, clear span industrial space.
Zoning Description: Rural Commercial/Industrial
Lot Frontage: 474'+/-
Water Service: Well
Sewer Type: Septic

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,778 20,890
Median Age: 39.81 40.43
Households: 2,990 8,068

Contact

© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.